Most of us have last year’s tax burdens behind us…thank God! And, most of us are not thinking about next year’s taxes, right? Well, some of us are thinking about it…a little bit. Last year, our family waited until the last minute to make donations that we had set aside all year in our garage. It was so last minute that we couldn’t count it on last year’s taxes. So, I decided that we weren’t going to do that again.
So, with that and a desire to get rid of a bunch of clutter in mind, I have already made two fairly large donations of stuff we have needed to move out. It’s so much nicer to get the donations made early and to get clutter out of the way at the same time.
Making the donations in bite-sized chunks throughout the year helps me in a couple of key ways:
1. Saving Money
These are items that we would either attempt to sell, give away to people we know or throw away otherwise. In our case, we could have saved the children’s clothes and toys in hopes that they would come in handy for someone we know in the future. But, for right now, we just don’t have the space to keep them. So, getting the donations made early means I have the time to make an exact list of what we are donating. Sometimes, when a donation is made quickly, you put 10 little girls dresses in a bag but only write down 6 because you just don’t remember and don’t want to err on saying you gave more than you did. Not this time.
2. Saving Time
After each donation, I have added it to our Turbo Tax/Its Deductible list. This way, when it’s time to get our 2012 taxes done, all the donations will already be in the system! Talk about saving time! Need I say more?
3. Helping Others
This really should be the first item on the list. The organization to which we donate arranges for pick ups! (This makes it very convenient if you happen to be a mom of two little ones!) 😉 One of the times that they picked up some of our things, we were talking about one of our items and asking if they could use it. The response was a very genuine, sincere, “There is someone who can be blessed by this.” We won’t donate anything broken, torn, stained, etc. So, it is my hope that what we donate might actually be a blessing to someone else.
What are you doing to save money, time and maybe even do a good thing mid-year?
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